ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

External Account: A Role for International Credit Lines

While sharing the concerns regarding the current account defi cit and lower foreign exchange reserves voiced by S L Shetty ("External Account: Distinct Signs of Discomfort on the Horizon", EPW, 6 October 2012), this comment suggests that India should seriously debate the purchase of a credit line from the International Monetary Fund and intervene in the foreign exchange market more actively.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here


To gain instant access to this article (download).

Pay INR 50.00

(Readers in India)

Pay $ 6.00

(Readers outside India)

Back to Top